Agriwise Finserv, a subsidiary of the Star Agri Group, has ventured into rooftop solar financing, aligning with the Indian government’s push for solar energy adoption. […]
Tag: MSME
Clix Capital secures Rs 220 crore to power growth in MSME, Education, and Healthcare lending
Clix Capital has secured Rs 220 crore in funding, led by existing investors Apollo Global Management, Pramod Bhasin and Anil Chawla. The company plans to […]
Fusion Micro Finance changes its name to Fusion Finance
Fusion Micro Finance has changed its name to Fusion Finance, starting 9th July, 2024. Founded in 2010, Fusion is a prominent player in India’s developing […]
SIDBI to lead in tech-driven solutions for MSME sector
Take us through your journey at the Small Industries Development Bank of India (SIDBI). Tell us about the evolution of technology, and how it has […]
NABARD estimates credit potential of Rs 3,421.77 crore for Meghalaya
The National Bank for Agriculture and Rural Development (NABARD) has estimated a credit potential of Rs 3,421.77 crore for Meghalaya under priority sector lending by […]
4th G20 GPFI meeting concludes in Mumbai
The 4th G20 Global Partnership for Financial Inclusion (GPFI) meeting, which was held in Mumbai, concluded recently. The three-day meeting from 14th to 16th September, […]
Banks reach out to RBI, seek easing of MSME bad loan rules
Banks have reached out to the Reserve Bank seeking relaxation in recognition of non-performing assets in the MSME sector. Banks want that a restructured MSME […]
Indian banks may face rise in bad loans from retail, small businesses: SBI official
Indian banks could see an increase in bad loans in the retail and small business segments from its recent low levels, an official with the […]
HSBC confident it can serve an aspirational India going global
With Citi India exiting India’s retail segment, another foreign lender, HSBC, is firming up plans to grab a bigger share of the pie. While the […]
NBFCs turn to newer asset classes in quest for returns
Non-banking financial companies (NBFCs) have started realigning portfolio strategies for better risk-adjusted returns, with focus on unsecured loans and micro, small and medium enterprise (MSME) […]